Íslandsbanki hf.: Transactions in relation to a share repurchase programme – end of round of buy-backs
Íslandsbanki hf.: Transactions in relation to a share repurchase programme – end of round of buy-backs
Reference is made to an announcement from Íslandsbanki hf., published 26 May 2026 on the further implementation of a share repurchase programme relating to own shares in the amount of ISK 3 billion, initially announced on 16 February 2026. In week 26 Íslandsbanki hf. (the Bank) purchased in total 4,895,465 own shares for the total amount of ISK 698,128,979 as further listed in this announcement.
In week 26 Íslandsbanki hf. (the Bank) purchased in total 4,895,465 own shares for the total amount of ISK 698,128,979 as follows:
| Date | Time | Purchased shares | Price per share | Purchase Price (ISK) | Total own shares |
| 22.6.2026 | 10:11:52 | 3,634 | 142.20 | 516,755 | 72,526,425 |
| 22.6.2026 | 10:30:16 | 550 | 142.20 | 78,210 | 72,526,975 |
| 22.6.2026 | 10:40:02 | 1,570 | 142.20 | 223,254 | 72,528,545 |
| 22.6.2026 | 10:56:17 | 200,000 | 143.00 | 28,600,000 | 72,728,545 |
| 22.6.2026 | 12:46:38 | 250,000 | 143.40 | 35,850,000 | 72,978,545 |
| 22.6.2026 | 13:19:55 | 100,000 | 143.60 | 14,360,000 | 73,078,545 |
| 22.6.2026 | 13:20:14 | 200,000 | 143.40 | 28,680,000 | 73,278,545 |
| 22.6.2026 | 13:34:30 | 200,000 | 143.80 | 28,760,000 | 73,478,545 |
| 22.6.2026 | 13:39:30 | 200,000 | 143.80 | 28,760,000 | 73,678,545 |
| 22.6.2026 | 13:57:33 | 9,384 | 143.00 | 1,341,912 | 73,687,929 |
| 22.6.2026 | 14:04:35 | 1,399 | 143.00 | 200,057 | 73,689,328 |
| 22.6.2026 | 14:10:25 | 140 | 143.00 | 20,020 | 73,689,468 |
| 22.6.2026 | 14:12:11 | 9,384 | 143.00 | 1,341,912 | 73,698,852 |
| 22.6.2026 | 14:12:47 | 1,000 | 143.00 | 143,000 | 73,699,852 |
| 22.6.2026 | 14:16:42 | 7,035 | 143.00 | 1,006,005 | 73,706,887 |
| 22.6.2026 | 14:27:09 | 8,301 | 143.00 | 1,187,043 | 73,715,188 |
| 22.6.2026 | 14:29:50 | 2,228 | 143.00 | 318,604 | 73,717,416 |
| 22.6.2026 | 14:31:26 | 840 | 143.00 | 120,120 | 73,718,256 |
| 22.6.2026 | 15:03:21 | 100,000 | 143.60 | 14,360,000 | 73,818,256 |
| 23.6.2026 | 09:36:50 | 200,000 | 143.00 | 28,600,000 | 74,018,256 |
| 23.6.2026 | 10:58:02 | 100,000 | 142.40 | 14,240,000 | 74,118,256 |
| 23.6.2026 | 11:10:04 | 10,435 | 142.40 | 1,485,944 | 74,128,691 |
| 23.6.2026 | 11:11:17 | 200,000 | 142.40 | 28,480,000 | 74,328,691 |
| 23.6.2026 | 11:12:24 | 200,000 | 142.40 | 28,480,000 | 74,528,691 |
| 23.6.2026 | 11:49:56 | 87,500 | 142.20 | 12,442,500 | 74,616,191 |
| 23.6.2026 | 12:10:05 | 159 | 142.20 | 22,610 | 74,616,350 |
| 23.6.2026 | 12:19:21 | 1,906 | 142.20 | 271,033 | 74,618,256 |
| 23.6.2026 | 13:10:24 | 100,000 | 142.00 | 14,200,000 | 74,718,256 |
| 23.6.2026 | 13:16:36 | 200,000 | 142.00 | 28,400,000 | 74,918,256 |
| 23.6.2026 | 14:09:27 | 200,000 | 142.00 | 28,400,000 | 75,118,256 |
| 23.6.2026 | 14:59:24 | 100,000 | 142.00 | 14,200,000 | 75,218,256 |
| 24.6.2026 | 11:23:17 | 200,000 | 142.80 | 28,560,000 | 75,418,256 |
| 24.6.2026 | 11:30:15 | 200,000 | 142.60 | 28,520,000 | 75,618,256 |
| 24.6.2026 | 11:36:30 | 200,000 | 142.40 | 28,480,000 | 75,818,256 |
| 24.6.2026 | 11:42:24 | 200,000 | 142.20 | 28,440,000 | 76,018,256 |
| 24.6.2026 | 13:14:06 | 200,000 | 142.20 | 28,440,000 | 76,218,256 |
| 24.6.2026 | 13:47:32 | 200,000 | 142.00 | 28,400,000 | 76,418,256 |
| 25.6.2026 | 10:25:10 | 100,000 | 142.60 | 14,260,000 | 76,518,256 |
| 25.6.2026 | 11:03:55 | 200,000 | 142.20 | 28,440,000 | 76,718,256 |
| 25.6.2026 | 11:53:39 | 200,000 | 142.50 | 28,500,000 | 76,918,256 |
| 25.6.2026 | 14:31:38 | 200,000 | 142.00 | 28,400,000 | 77,118,256 |
| 25.6.2026 | 14:44:07 | 200,000 | 142.00 | 28,400,000 | 77,318,256 |
| 25.6.2026 | 14:45:15 | 100,000 | 142.00 | 14,200,000 | 77,418,256 |
| Total week 26 | 4,895,465 | 698,128,979 |
Before the above purchase in week 26 the Bank owned 72,522,791 own shares, or 4.14% of issued shares.
This round of share buybacks, announced to the market on 26 May 2026 is now concluded. According to the aforementioned announcement, the aim was to repurchase own shares of the maximum amount of 23 million shares or 1.31% of issued shares, the total purchase price for repurchased shares however not exceeding ISK 3,000,000,000 in total. This round of share buybacks commenced on 27 May 2026 and was to remain in force until 31 July 2026, unless the conditions on the maximum amount of shares or purchase price is met before that time.
During this round of repurchase of own shares the Bank has purchased in total 20,915,510 own shares or 1.19% of issued shares, and the total purchase price thereunder is ISK 2,999,691,728. The aforementioned maximum total purchase price has therefore been reached in this round.
The Bank holds a total of 77,418,256 own shares, or 4.42% of issued shares. The Bank remains committed to its efforts to optimise its capital structure, subject to market conditions.
The share repurchase programme is carried out in accordance with the applicable law, including the Act on limited liability companies No. 2/1995, Regulation No. 596/2014 of the European Parliament and of the Council on market abuse, Commission delegated regulation (EU) 2016/1052 of 8 March 2016, the Act on Measures Against Market Abuse No. 60/2021 and regulation 320/2022 on the same subject. The approval of the Financial Supervisory Authority of the Central Bank of Iceland for the Bank's repurchase of own shares has been obtained.